English

Fees for closing vested benefits account

Here you will find the right answers

Forum Retirement Forum Pillar 2 Fees for closing vested benefits account

Your web browser does not support JavaScript, or you have temporarily disabled scripting. This site needs JavaScript to function correctly.

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Forum

Categories

BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2145

June 8, 2017, 9:54:02 AM

Are there any fees or charges when you close a vested benefits account?

BenutzernameMoneyguru von moneyland.ch
OrtSchweiz
Status Expert
Registriert seit8/4/15
Beiträge4079

June 9, 2017, 12:48:42 PM

Hi there,

Most vested benefits foundations such as those run by Swiss banks do not charge withdrawal fees when you cash out vested benefits accounts after reaching retirement age. However, some foundations charge a fee when you close a vested benefits account and transfer the money to a pension fund. Some charge fees when you cash out vested benefits accounts ahead of retirement (for the purchase of a home, for example).

Best regards from Moneyguru

More on this topic:
Vested benefits account comparison